The acquisition allows NFP to establish a presence in New Orleans, a historically underrepresented area for the firm. Former principal Tom Daly will join NFP as a vice president, reporting to Ethan Foxman, president of the Mid-Atlantic region.

“We couldn’t be more thrilled to welcome Tom, a talented leader familiar with the needs of local Louisiana clients, to lead our growing team.”

Daly said: “We are delighted to be a part of the NFP family. We look forward to engaging in this mutually beneficial relationship, which provides us access to NFP’s existing network, and allows us to use our unique expertise to expand NFP’s employee benefits, individual health insurance and HR solutions to the greater New Orleans region.”